mrwebb8825 Posted February 28, 2022 Share Posted February 28, 2022 So, how many of you bought Rubles in the past 2-3 days? Can it be done now? The baht is currently up 26.7% against the ruble so 100,000 thb could net 127,000 thb in a few weeks. Link to comment Share on other sites More sharing options...
mahjongguy Posted February 28, 2022 Share Posted February 28, 2022 Or, the ruble may continue to sink and never return to pre-war levels. You could get hammered. Worst case: ruble gets replaced by a New Ruble, and your old ones turn to dust. 1 Link to comment Share on other sites More sharing options...
Lacessit Posted February 28, 2022 Share Posted February 28, 2022 The Russian Central Bank has been interdicted by Western sanctions. It can't sell gold or forex through legal channels to prop up the ruble, Maintaining the stability of a country's currency is the role of all central banks, and they are normally sacrosanct in the world financial system. Blocking one of them out is unprecedented. I expect the ruble to fall further, wars cost money. Link to comment Share on other sites More sharing options...
scubascuba3 Posted February 28, 2022 Share Posted February 28, 2022 The stock market is suspended, that will hit the floor when it opens, must be thousands of people wanting to sell their holdings incl pension funds 1 Link to comment Share on other sites More sharing options...
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